Breadcrumb Trail Links PMN Business Author of the article: Reuters Amanda Cooper and Stefano Rebaudo Published Jan 06, 2023 • 2 minute read Join the conversation Article content LONDON — Euro zone government bond prices fell on Friday after U.S. employment data, as expectations for more benign inflation readings kept German yields on course for […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Jonathan Stempel Published Jan 05, 2023 • 2 minute read Join the conversation Article content NEW YORK — New York’s attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Liz Hampton and Mrinalika Roy Published Jan 05, 2023 • 2 minute read Join the conversation Article content The Organization of the Petroleum Exporting Countries (OPEC) will likely take steps to boost oil prices, which started the year in free-fall, the chief executive […]
Article content NEW YORK — U.S. distillate inventories fell more than expected during their peak demand season and refinery utilization plummeted, the Energy Information Administration (EIA) said on Thursday, after a winter storm roiled the energy market at the end of December. Distillate stockpiles, which include diesel and heating oil, fell 1.4 million in the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Samuel Indyk Published Jan 05, 2023 • 2 minute read Join the conversation Article content LONDON — This week’s rally in euro zone government bonds petered out on Thursday, as heavy government bond supply added to pressure on prices which were also influenced by a […]
Article content Gold prices extended gains on Wednesday to touch their highest levels since mid-June, helped by a pull-back in the dollar and yields as markets awaited the release of Federal Reserve minutes for guidance on upcoming interest rate hikes. Spot gold was up 1% to $1,858.06 per ounce by 11:18 a.m.. EST (1618 GMT), […]
Article content PARIS, Jan 4 (Reuters) – Car maker Stellantis will help build Archer Aviation’s electric aircraft Midnight eVTOL and increase its stake in the U.S. company, the two firms said on Wednesday. Article content Industrial firms and new startups are flocking to invest in air taxis, which can take off and land vertically to […]
Article content Brazil’s real steadied on Wednesday after taking losses due to concerns about its fiscal health Article content under new President Luiz Inacio Lula da Silva, while other Latin American currencies were mixed ahead of the release of U.S. Federal Reserve meeting minutes. The real firmed 0.2% to 5.44 per dollar after touching an […]
Article content (Bloomberg) — Natural gas prices in Europe fell back to pre-war levels, as a bout of mild weather reduced demand and eased fears of a prolonged supply crunch. Article content Benchmark futures fell as much as 11% as a warm spell curbs heating demand and blustery conditions cut use of gas in power […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Harry Robertson Published Jan 03, 2023 • 2 minute read Join the conversation Article content LONDON — Euro zone government bond yields fell for the second day running on Tuesday after German inflation cooled more than expected. German inflation eased in December due to falling […]